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QUESTION

Joseph Stieglitz, Nobel Laureate in Economics, has argued that the US should pay for higher education from the general tax coffers.

  1. Joseph Stieglitz, Nobel Laureate in Economics, has argued that the US should pay for higher education from the general tax coffers. Thus, he proposes a free for citizens higher education that will cost $300 billion. Given the unemployment rate of 9 %, huge CA deficits, competitiveness that is slipping and increasing debt levels for the government, comment on his recommendation.

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